Poseidon Nickel Limited

OTCPK:PSDN.F Stock Report

Market Cap: US$12.3m

Poseidon Nickel Balance Sheet Health

Financial Health criteria checks 5/6

Poseidon Nickel has a total shareholder equity of A$21.8M and total debt of A$109.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$86.9M and A$65.0M respectively.

Key information

0.5%

Debt to equity ratio

AU$109.00k

Debt

Interest coverage ration/a
CashAU$1.43m
EquityAU$21.84m
Total liabilitiesAU$65.02m
Total assetsAU$86.85m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PSDN.F's short term assets (A$2.0M) exceed its short term liabilities (A$1.6M).

Long Term Liabilities: PSDN.F's short term assets (A$2.0M) do not cover its long term liabilities (A$63.4M).


Debt to Equity History and Analysis

Debt Level: PSDN.F has more cash than its total debt.

Reducing Debt: PSDN.F's debt to equity ratio has reduced from 31.2% to 0.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PSDN.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: PSDN.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.


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